It is a non-profit association constituted on September 14, 1922 in Buenos Aires.
However in 1921, a group of players formed the Argentine Polo Federation with the intent on sending teams abroad to compete internationally, an idea opposed by the P.A.R.P.
When the teams sent to England and the United States by the Argentine Polo Federation were successful, it appeared that clubs and players would defect from the P.A.R.P.
The negotiations took place between Francisco Ceballos and Miguel Martinzes de Hoz of the Argentine Polo Federation and Ernest Jewell and Joseph Monroe Hinds of the P.A.R.P.
The first President was Joseph Monroe Hinds, and first Vice-President was Francisco Ceballos.